Sanjay Malhotra Takes Charge As RBI Governor
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The Reserve Bank of India (RBI) has had 25 governors to date. Notably, 14 of these governors were civil servants. In recent years, governments have increasingly preferred to appoint civil servants over professional economists to lead the central bank. Sanjay Malhotra, a 56-year-old civil servant, has been appointed as the new governor of the RBI for the next three years, effective December 9, 2024. He will be the 15th civil servant and the 26th governor to helm the RBI. Currently, Malhotra
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